Question

Simon ordered 200 boxes of Fuji apples from China. He paid $28 per box for the apples. There were 60 fruits in each box and expected 15% of them to spoil. If he wants to make a profit of 80% on cost, what should be the selling price per fruit?

Answer 1

He should sell 0.988$ per fruit.

Explanation:

I. When 15% is rotten so find the remain of good fruits.

15/100 = x/60

15 * 60 = 100x

900/100 = x

x = 9

Good fruit = total - rotten

= 60 - 9

So good fruit is 51

II. Find profit of 80% on cost, when cost is 28$

80/100 = x/28

2,240 = x100

x = 22.4

Profit cost = 28 + 22.4

So profit cost is 50.4$

III. Find selling price per fruit, when good fruit is 51 and profit cost is 50.4

50.4/51 = 0.988

So selling price per fruit is 0.988$

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